Graphite is going to play a pivotal role for Tesla and other EV companiesImage from CanvaGraphite is becoming a hot item due to its uses in the lithium-ion batteries that power electric cars and solar power storage. Additionally, it has a number of other potentially profitable uses.When added to steel, graphite is used as a powerful protective agent. And as conducting material, graphite has an electrical conductivity 100 times higher than most nonmetal minerals.This isn\u2019t even mentioning its tremendous use in the automobile industry including but not limited to, its use in brake linings, gaskets, and clutch materials. It makes for good pencils too.Graphite is a greyish-black mineral that forms when carbon is exposed to heat and pressure in Earth\u2019s crust and upper mantle.This native mineral is found in metamorphic and igneous rocks (how\u2019s that for middle school science nostalgia). According to Geology.com, graphite is a mineral of extremes.It\u2019s extremely soft. It has very low specific gravity. And is extremely resistant to heat and nearly unmovable when in contact with almost any other material.Graphite for batteries currently accounts for only 5% of the global demand, according to batteryuniversity.com. Graphite comes in two forms: natural graphite from mines and synthetic graphite from petroleum coke. Both types are used for lithium batteries.Graphite is mined extensively in China, India, Brazil, North Korea, Canada, and Mozambique.There are two ways to mine graphite: the open-pit method and underground mining. The open-pit method involves extracting graphite from an open area, like a quarry. Graphite is obtained by breaking rocks, explosives, or drilling. Underground mining, on the other hand, is exactly what it sounds like. When graphite ore is deep underground, miners access it through processes like shaft mining, hard rock mining, or slope mining.Right now, one country has major control of the graphite market. That\u2019s China.\u2026<\/p>","protected":false},"excerpt":{"rendered":"
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